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The Garland Corporation has a bond outstanding with a $100 annual interest with semiannual payment, a market price of $870, and a maturity date in

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The Garland Corporation has a bond outstanding with a $100 annual interest with semiannual payment, a market price of $870, and a maturity date in 5 years. Assume the par value of the bonds is $1,000. Find the following: (Use a Financlal calculator to arrive at the answers. Round the final answers to 2 decimal places.)

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